spot_imgspot_img

California unemployment rate ticks up to 5.2% as employers add 58,000 jobs

spot_img

(The Center Square) – California employers added 58,100 nonfarm payroll jobs in January compared with 23,400 in December, but the Golden State’s unemployment rate rose to 5.2%, up slightly from December’s 5.1%, according to the Employment Development Department (EDD). This

employment data comes from the survey week including January 12.

The national unemployment rate was 3.7% in January, according to the U.S. Bureau of Labor Statistics. On this data point, the California economy continues to underperform compared with the U.S. economy.

In January 10 of 11 of California’s industry sectors added jobs compared with six of 11 creating new employment in December.

Private education and health services employers led the way in

job creation with 18,100 new jobs in January, thanks to robust hiring at nursing care facilities, and individual and family services, according to the EDD. Professional and business services added 15,700 jobs in January after shedding 3,800 of them in December. January’s strong employment rebound in this sector is a result in part of hiring for specialized design services, investigation and security services, and services to buildings and

dwellings, the EDD reported.

The manufacturing sector shed 800 jobs in January, “due, in part, to above-average losses in the semiconductor and other electronic component manufacturing industry group,” according to the EDD.

T

On March 8, Governor Gavin Newsom Governor Gavin Newsom announced the launch of the California Jobs First Council and operational plan to consolidate and streamline the state’s economic and workforce development programs to increase the pace of job creation.

“California has created more opportunities, more jobs,” he said in a statement, “and more businesses than any other state, but we need to ensure that we’re all moving forward together. Through this new council and these investments, we’re aligning all of our economic resources to create more jobs, faster for Californians in every community.”

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Memphis gun referendum facing legal challenge

(The Center Square) – A gun-rights group is suing...

Pennsylvania considering state Bitcoin investments

(The Center Square) – With reinvigorated interest in cryptocurrency,...

Chairman: You say you care, but you certainly haven’t shown it

(The Center Square) – The future of North Carolina’s...

Trump’s Cabinet Gets Another Fox Face

In a move that signals a continuation of his...

Report: Wisconsin has less farm, farm workers but increased output

(The Center Square) – Wisconsin has less farms and...

WSU’s $5 million contract with IT company may have violated state law

(The Center Square) – Washington State University earlier this...

Youngkin makes key endorsements ahead of 2025 election

(The Center Square) – With the November 2024 general...

More like this
Related

Memphis gun referendum facing legal challenge

(The Center Square) – A gun-rights group is suing...

Pennsylvania considering state Bitcoin investments

(The Center Square) – With reinvigorated interest in cryptocurrency,...

Chairman: You say you care, but you certainly haven’t shown it

(The Center Square) – The future of North Carolina’s...

FEMA head grilled about staffer who told others to avoid homes with Trump signs

(The Center Square) – The head of the Federal...